Telenor seeking India compensation

Spoke with Telenor this morning, and it confirmed it has asked for compensation from india's government over the whole 2G license revokation. But the spokesman told me it's not the $14 billion quoted in local press - indeed it's not put a figure on it yet, in the hope of negotiating a peaceful settlement.

Still, the operator is claiming India has breached a trade agreement with Singapore, where Telenor's Asia division is headquartered.